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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jul. 03, 2021
Jun. 30, 2022
Jul. 03, 2021
Income Statement [Abstract]        
Net Sales $ 1,349,400,000 $ 886,900,000 $ 2,647,900,000 $ 1,701,000,000
Cost of Sales 915,900,000 629,200,000 1,792,500,000 1,193,500,000
Gross Profit 433,500,000 257,700,000 855,400,000 507,500,000
Operating Expenses 238,600,000 140,200,000 490,600,000 288,500,000
Asset Impairments 0 2,300,000 0 2,300,000
Total Operating Expenses 238,600,000 142,500,000 490,600,000 290,800,000
Income from Operations 194,900,000 115,200,000 364,800,000 216,700,000
Other Income, Net (1,500,000) (1,200,000) (2,800,000) (2,400,000)
Interest Expense 13,400,000 11,500,000 22,400,000 24,100,000
Interest Income (800,000) (1,700,000) (1,900,000) (3,200,000)
Income before Taxes 183,800,000 106,600,000 347,100,000 198,200,000
Provision for Income Taxes 40,600,000 20,600,000 76,800,000 41,900,000
Net Income 143,200,000 86,000,000.0 270,300,000 156,300,000
Less: Net Income Attributable to Noncontrolling Interests 1,200,000 1,600,000 2,700,000 3,000,000.0
Net Income Attributable to Regal Rexnord Corporation $ 142,000,000.0 $ 84,400,000 $ 267,600,000 $ 153,300,000
Earnings Per Share Attributable to Regal Rexnord Corporation:        
Basic (in dollars per share) $ 2.13 $ 2.07 $ 3.99 $ 3.78
Assuming Dilution (in dollars per share) $ 2.12 $ 2.06 $ 3.96 $ 3.74
Weighted Average Number of Shares Outstanding:        
Basic (in shares) 66.8 40.7 67.1 40.6
Assuming Dilution (in shares) 67.1 41.0 67.5 41.0